Build for Music production and gaming hybrid?

So, I produce Dubstep and Hip-hop using Cubase, FL and other programs. I need to upgrade from this POS computer because it is 10 years outdated and can barely keep two tabs open. I also like to play WoW and CoD in times of beat-block. I've come up with this configuration:

Do you think that this will get the job done? I know that soon those headphones are being swapped for better sennheisers or Beats by Dre. It seems to be a solid build for both hard-core producing and decent gaming, but does everything match up? Any ways I can save money? This is my first build and I think it'll come out good, but I need an expert's opinion.

Okay, so after some research, I've come up with both an AMD build and an intel build. I cannot afford a soundcard, but 2-3 months after I purchase the parts, I'll be able to buy a soundcard and some more RAM.

I take it you put lyrics on your beats since you have Cubase.
I agree with the above. Instead of a soundcard, you want an external USB interface. I use a Tascam US-144L. I make hip-hop beats and put lyrics on them, and this interface is perfect. It's an older model so it's cheap to get hold of, but there's also support for W7x64, so it's not too old.
Also, stay away from the Beats by Dre, they are apparently schiit.
Someone here has a headphone buying guide somewhere - I'll try and dig it out.

Also, stay away from the Beats by Dre, they are apparently schiit.
Someone here has a headphone buying guide somewhere - I'll try and dig it out.

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Yeah, my local comet had some of their headphones on a display to try out and some of the other brand £40-£50 sennheisars etc beat some £160 Dr dre headphones, i wanted to see if the £250 ones were equally overpriced but they didnt work.

their pretty good considering i paid £50 for them and they beat everything that my local shops sell, however they are not as base heavy as some other headphones, this can be fixed easily with an equalizer however i don't use the noise cancellation as it increases the treble to the point where it dosn't sound that good anymore

Okay, so after some research, I've come up with both an AMD build and an intel build. I cannot afford a soundcard, but 2-3 months after I purchase the parts, I'll be able to buy a soundcard and some more RAM.

Okay, so after some research, I've come up with both an AMD build and an intel build. I cannot afford a soundcard, but 2-3 months after I purchase the parts, I'll be able to buy a soundcard and some more RAM.

core i5, its faster then the phenom even in apps that will use all of the phenoms 6 cores, and in single threaded apps the boost will be even bigger

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Sort of disagree with that. Although the 2500K might be faster in 2 threaded applications (the majority of applications) I've seen the X6 hold its own in true multi threaded apps, primarily transcoding. Saying that, if money wasn't an object I'd grab the 2500k!